This is the spectacular new Sandhurst home now on sale for R150m
Category News
Home to the highest percentage of the South Africa's dollar millionaires and billionaires and a stone's throw from Sandton, the financial capital of Africa, Sandhurst in Johannesburg is one of South Africa's most affluent suburbs.*
"Accordingly, it also boasts some of the highest priced real estate in SA, but even here, there are certain homes that stand head and shoulders above the rest in terms of luxury, finesse and sheer glamour - like the brand new 3300sqm mansion in Oxford Avenue that we have just listed for sale for R150m," says Rory O'Hagan, head of the Luxury Portfolio division at Chas Everitt International, which has an exclusive mandate to market the property.
"At this price, it is one of the most expensive properties ever to go on sale in Sandhurst, and one of the most expensive currently on offer anywhere in SA, but we are confident of its valuation as it more than matches up to the Bantry Bay home that was sold a few years ago for R290m - which as far as we know is the residential record for SA.**"
"In fact, it is already attracting the attention of leading financiers and professionals who favour living in Sandhurst in particular because of its high level of security and privacy, large properties and proximity to the many blue-chip company and bank headquarters in Sandton Central."
Boasting expansive views across Sandton, the three-storey Sandhurst super-home was designed and created by Pellerade Design House on a "no expense spared" basis, and inspired by The Manor, the landmark chateau in the plush Holmby Hills area of Los Angeles that belonged to film and TV producer Aaron Spelling and was sold for a record US$119,75m in 2019.
(See photos 2,4,5,7 and 21)
Set in grounds of more than 7000sqm, the Sandhurst mansion boasts a spectacular double-volume entrance hall with a glass floor and a domed ceiling lined with gold-leaf (photo3), four sumptuous ensuite bedrooms (photos 1,13,19) five more bathrooms and a guest wing with two more ensuite bedrooms as well as its own kitchen, dining area and lounge.
The living rooms in the main house include an eight-seater breakfast room, a 16-seater formal dining room (photo 20), a formal lounge with double-sided fireplace (photo11), a children's lounge/ study area and a family room (photo 12) that overlooks a double-volume indoor pool and hot tub (photo15).
The main kitchen (photos 10, 16) has double appliances, a cold room and a pantry as well as a separate scullery/laundry, and there are also several gas stoves and built-in barbeques in the home's extensive entertainment areas.
As befits a super-home, there are also many special features and single-purpose rooms, including a luxurious 'Spa Experience" complete with salon, gymnasium, massage and steam rooms, sauna and two bathrooms.
The magnificent mansion also has a 20-seater cinema with its own bar, a double-volume private library (photo 8) with a spiral staircase leading to the wine cellar (photo18), a cigar lounge, a billiards room (photo 6), an outdoor pool and an entertainment area bar (photo 17), as well as a three-bedroom staff suite, a 10-car garage with chandeliers (photo 9) and even space for a private bowling alley.
For more information or to arrange a viewing of the property, interested parties should contact Rory O'Hagan 083 328 8888
*According to New World Wealth, more than 50% of the SA's 36 000 millionaires and billionaires live in Johannesburg, and their top choice of area is Sandhurst. The average home sale price in the suburb is just over R15m.
**The highest-priced properties ever to go on sale in SA include The Enigma mansion in Cape Town, which had an asking price of R300m, and the Casablanca mansion, which was priced at R450m, as well as the Bantry Bay home sold for R290m in 2016 (see
https://businesstech.co.za/news/lifestyle/127571/inside-the-cape-town-home-that-just-sold-for-r290-million/)
Author: Chas Everitt